65600 Al-77Talladega, AL 35160

Property Details for 65600 Al-77

Year built

1980

Property size (Sq ft)

39,406 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional investment opportunity presents a 100-key hotel in Talladega, Alabama, listed at $2,000,000. The 39,406 square foot building, constructed in 1980, offers significant potential for various ventures. Currently operating as an independent hotel, it is free from any franchise or management agreements, providing unparalleled flexibility. Investors can explore multiple franchise rebranding options to capitalize on established brand recognition and increase profitability. Alternatively, the property's zoning (C-4) and location make it ideally suited for conversion into multi-family apartments, catering to the growing demand for rental housing in the area. Its strategic location provides easy access to I-20, ensuring high visibility and convenient access for guests or residents. The property's asking price of $20,000 per key represents a compelling value proposition in the current market. This two-story building presents a unique chance to acquire a substantial asset with diverse development possibilities in a thriving Alabama market. The property is located at 65600 AL-77, Talladega, AL 35160.

Location Insight

City

Talladega

County

Talladega

State

Alabama

Latitude

33.4525

Longitude

-86.1147

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